telephone firm

The country's top telephone firm recently became Spanish, and its flag carrier is poised to become French.

Foxtel, the top pay-TV firm in the country, is owned by dominant telephone firm Telstra , Rupert Murdoch's News Corp and billionaire James Packer's Consolidated Media Holdings .

Dominant telephone firm Telstra Corp owns 50 percent of Foxtel, while Rupert Murdoch's News Corp and Consolidated Media Holdings each have 25 percent.

Carlyle also wrote off its $425 million investment in Hawaiian Telcom Communications in late 2008 after the telephone firm collapsed and filed for bankruptcy.

Carlyle wrote off its $425 million investment in Hawaiian Telcom Communications in late 2008 after the telephone firm collapsed and filed for bankruptcy protection.